California Gov. Gavin Newsom wants to be president so badly. He made a video calling for a national billionaires' tax. He's already driven all of the billionaires out of California with taxes. He's a video we don't expect you to listen to, as there's no point. "It’s time for an economic reset," he says.
It's time for a national billionaires tax and a new social contract.
— Gavin Newsom (@GavinNewsom) June 26, 2026
10% of Americans own two-thirds of the wealth. Wages have stagnated. The cost of living has skyrocketed.
The system is fundamentally broken.
The federal tax code, a corporate code, and an inheritance code… pic.twitter.com/tLRbUId6yi
Elon Musk, who escaped California, had this to say in response to Newsom's national billionaires' tax.
— Elon Musk (@elonmusk) June 27, 2026
Newsom assured Musk that "we'll" be taxing trillionaires too.
Don’t worry, we’ll be taxing trillionaires even more.
— Gavin Newsom (@GavinNewsom) June 27, 2026
Time to cough up after all that California corporate welfare! https://t.co/TaOzDNzw7C
Gavin suddenly trying to drum up some DSA bona fides is hilarious
— Western Lensman (@WesternLensman) June 27, 2026
"Economic reset" sounds like commie gobbledygook to us.
And then you can build the high speed rail with Elon's money
— Fitzy ¢ent (@fitzyMFNcent) June 27, 2026
Why tax? You’re just going to embezzle more tax revenue
— Max (@mad_maximus) June 27, 2026
And they will keep leaving your state in record numbers you absolute muppet.
— Richard Cooper (@Rich_Cooper) June 27, 2026
Itemized, publicly accessible budget that we can simply audit before you ask for more money please.
— Greggertruck (@greggertruck) June 27, 2026
Recommended
You're not going to tax Elon. He moved out of your shithole
— Cindy (@asheborn57) June 27, 2026
That's why he's calling for a national tax.
We are not a communist country; you don't get to punish your rivals by taking their money through taxes.
— NoNewsom28 (@NeverNewsom50) June 27, 2026
Elon’s post is better.
— Sarah Sizzle (@sizzle_sarah) June 27, 2026
Newsom has effectively been running for President since 2023 and he still has no idea what to run on.
— MAZE (@mazemoore) June 27, 2026
Uh, hey Beavis, uh, heh heh, ah, let’s like go raise some taxes or something and, ah, let’s destroy America like we did, uh, you know, with California or something.
— Dic Verbum Verax (@DicVerbumVerax) June 27, 2026
Still can’t believe Butthead is our governor, like legitimately
— LA Mom (@warriormomLA) June 27, 2026
Well, we know (sort of) what Newsom wants to do first when he's elected president: raise taxes … but just on billionaires and trillionaires. It's all part of his "economic reset" to redistribute the wealth.
***
Editor’s Note: Help us continue to report the truth about corrupt politicians.
Join Twitchy VIP and use promo code FIGHT to receive 60% off your membership.
Join the conversation as a VIP Member